Author: i2wtc

Solar adoption surges 28.1% MoM as high tariffs drive shift, but grid underutilisation creates fiscal burden KARACHI: Net metering’s share in Pakistan’s total power generation rose by 57 basis points year-on-year in September 2025, reflecting continued shift towards solar energy adoption and reduced reliance on the national grid, according to data compiled by Arif Habib Limited (AHL) based on NEPRA’s latest figures. Overall power generation increased 0.8% YoY in September 2025, while net metering units surged 28.1% month-on-month, underscoring growing contribution of distributed solar systems installed by households and industries. According to NEPRA estimates, power demand is projected to grow…

U.S. President Donald Trump hosts a bilateral lunch with Hungary’s Prime Minister Viktor Orban (not pictured) at the White House in Washington, D.C., U.S., Nov. 7, 2025. Jonathan Ernst | ReutersPresident Donald Trump has doled out dozens of executive clemency grants in the past few weeks alone, issuing pardons and commutations to major business figures, political supporters and other allies.Some hope he’s just getting started.Trump started wielding his presidential mercy powers aggressively on the first day of his second term, when he pardoned roughly 1,500 people who were charged in connection with the Jan. 6, 2021, riot at the U.S.…

Route permits to be revoked in case of violations, says provincial transport authority File photo of Quetta police. PHOTO: EXPRESS The Balochistan government has imposed a three-day ban on all public transport across the province starting tomorrow (Wednesday).  According to a notification by the provincial transport authority, dated Nov 10, 2025, the movement of buses, wagons, coaches, and other public transport vehicles will remain suspended from November 12 to November 14, 2025. Transporters were notified that route permits would be cancelled if found in violation of the ban. Strict checks have already been initiated at public transport stands across Quetta, including at…

Permanent Representative of Pakistan to the UN Ambassador Asim Iftikhar Ahmad. photo: file Pakistan has raised alarm at the United Nations over abandoned and illicitly transferred small arms and light weapons in Afghanistan, warning that they threaten regional peace and security. Ambassador Asim Iftikhar, Pakistan’s permanent representative to the UN, told the Security Council during an open debate on small arms that unchecked accumulation of weapons fuels conflicts. “Small arms are neither small nor light in their impact. They are the second most used weapons in global terrorist attacks after explosives,” he said. The envoy expressed deep concern over stockpiles…

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty ImagesAMD shares swung on Tuesday after CEO Lisa Su said the company’s overall revenue growth would expand to about 35% per year over the next three to five years, driven by “insatiable” demand for artificial intelligence chips.Su said that much of that would be captured by the company’s AI data center business, which it expects to grow at about 80% per year over the same…

After a day of strong buying, the Pakistan Stock Exchange (PSX) witnessed a sharp reversal on Tuesday as heavy selling gripped the market amid heightened political uncertainty, security fears, and regional tensions. The benchmark KSE-100 index plunged 3,667.90 points, or 2.27%, to close at 157,870.50. During the session, the index moved between an intra-day high of 161,516.75 and a low of 157,765.92, reflecting a volatile trading day dominated by risk aversion. Investor confidence weakened after the Senate approved the 27th Constitutional Amendment with a two-thirds majority, raising political uncertainty. Reports of terrorist attacks in Islamabad and Wana further deepened investor…

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The S & P 500 and Nasdaq were down Tuesday as Big Tech was pressured following CoreWeave’s quarterly results Monday evening. The AI infrastructure provider disappointed investors after lowering its revenue outlook. Shares of CoreWeave plunged around 14%. Regarding the broader AI trade, Jim said, “I’m getting antsy about the fact that there’s too much borrowed money now starting to go into the data center.” However, Jim is not currently advocating changes to the…

Naqvi says preliminary evidence links Islamabad, Wana attacks to networks operating from Afghanistan Policemen examine damaged vehicles after a suicide blast outside the district court in Islamabad on November 11, 2025. Photo: AFP At least 12 people were martyred and more than 36 others injured in a suicide bombing outside the District Judicial Complex in G-11 area of Islamabad on Tuesday. The explosion occurred when suicide attacker tried to enter the court premises but detonated explosives near a police vehicle after being intercepted. The blast ripped through the area, causing panic among bystanders and heavy damage to vehicles nearby. The…

Rocket Lab’s stock rose as much as 3% on Tuesday after the space company posted record revenues in the third-quarter as it scoops up more launch deals and builds its backlog.The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million for the period. That surpassed the $152 million forecast from analysts polled by LSEG, and it was up 48% from about $105 million a year ago. Rocket Lab also posted a smaller-than-expected loss of 3 cents per share, versus the 10-cent per share loss anticipated.Additionally, Rocket Lab issued strong…

U.S. Supreme Court Police direct visitors from behind security barriers in front of court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on Oct. 6, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesPresident Donald Trump asked the Supreme Court to hear his appeal of a civil verdict that ordered him to pay the writer E. Jean Carroll $5 million in damages after holding him liable for sexually abusing her during an encounter in a New York department store in the 1990s and for defaming her decades later.Trump’s request on Monday comes nearly…